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new subsidies for middle class people to buy health insurance plans. if they eliminated this before it ever went into effect, the fiscal problem would be over. it is far more than the 800 million in savings that boehner asked for. >> that certainly makes us go hmmm. >>> up next, if you plan to buy or sell a house, do you need to do it before we hit the unemployment rate that bernanke threw out there? we will do that next. person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is
new subsidies for middle class people to buy health insurance plans. if they eliminated this before it ever went into effect, the fiscal problem would be over. it is far more than the 800 million in savings that boehner asked for. >> that certainly makes us go hmmm. >>> up next, if you plan to buy or sell a house, do you need to do it before we hit the unemployment rate that bernanke threw out there? we will do that next. person, with dedicated support teams at over 500 branches...
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market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and the federal reserve and the fiscal cliff weighed in on this market. how do you position yourself? joining me to discuss that our guests. gentlemen, nice to have you on the program. thanks so much for joining us. let me kick this off with you in terms of allocating capital right here in the face of so much uncertainty, fiscal cliff, federal reserve. what is going to be the dominant force in terms of moving money? >> i think you don't fight the fed. i think what happened yesterday is a little bit more of the same we had this year which is the fed is going to try to keep interest rates low until it mov
market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and...
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make your mark with ink from chase. >>> break news, president obama visiting a daimler plant. he will make a speech covering the economy and fiscal cliff negotiations. we will have it live for you when it happens after the top of the hour on "street signs." i think that's why the mark set stuck right now. we were up about 30 point. we lot of a little p. we are up 17 now. s&p 500 is up a half point. in terms of the nasdaq, we are up just about 7 point. steve grasso is with us. what does the market want it hear from the president at 2:00? >> they want to hear a deal is close to booeb beieing done. fund managers don't want to take a leg and step into the abyss of the fiscal cliff. >> absolutely. we heard a short term patch is not going to avoid us from another drown grade. if you are a fund manager, do you punt in december? i think not. you wait. >> does downgrade matter? >> you did see the collapse in the market because the market always is a good lead time for you. so leading indicator. . the best leading indicator is the s&p 500 so we have seen just sitting here in no man's la
make your mark with ink from chase. >>> break news, president obama visiting a daimler plant. he will make a speech covering the economy and fiscal cliff negotiations. we will have it live for you when it happens after the top of the hour on "street signs." i think that's why the mark set stuck right now. we were up about 30 point. we lot of a little p. we are up 17 now. s&p 500 is up a half point. in terms of the nasdaq, we are up just about 7 point. steve grasso is with...
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president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table before. in an interview with abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill who recognize the economy will be better off. american families will be better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high income individuals. >> you see president obama's full interview with barbara walters friday on "20/20." boehner is d
president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table...
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the obama people, by their own bragging in various news stories, decided they were going to try to smear romney, make him unacceptable in the spring and summer. for whatever reason, he didn't respond. so despite the fact that obama has governed with very bad policies to failed results, he was able to squeak out a victory. he got 50-point-something percent of the vote. you're right. it's not because the country -- look at what's going on today. it's a perfect example. we don't have a 1.4 trillion deficit because we taxed too little. we spend too much. 90% of the people watching this show knows it. >> look, i give president obama a lot of credit. those guys ran a brilliant campaign. i don't feel like attacking mitt romney. but it is what it is. i don't know if you agree with me. there has to be a better republican policy toward immigration, not only latinos but asians, but particularly with respect to the latino story, there's got to be legal work permits, some legal path to citizenship. we've got to treat them like they belong here. immigrants create opportunity, economic growth, immigran
the obama people, by their own bragging in various news stories, decided they were going to try to smear romney, make him unacceptable in the spring and summer. for whatever reason, he didn't respond. so despite the fact that obama has governed with very bad policies to failed results, he was able to squeak out a victory. he got 50-point-something percent of the vote. you're right. it's not because the country -- look at what's going on today. it's a perfect example. we don't have a 1.4...
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news that could rattle stocks in 2013. courtney reagan is taking the pulse of u.s. stocks next. >>> and as the fiscal cliff turns, president obama campaign style once again today. this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a lat
news that could rattle stocks in 2013. courtney reagan is taking the pulse of u.s. stocks next. >>> and as the fiscal cliff turns, president obama campaign style once again today. this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes....
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boehner was really only talking about the cost cuts that he's looking for from obama. obama's just trying to negotiate. so i don't even know why he spoke today. maybe to throw some cold water on the notion or maybe throw hope. we don't know. the point is ignore the headlines. let's just -- just invest for longer term. >> josh, what do you make of the 100-point move we're seeing in the dow today? it is the fifth straight session that the dow has been higher. we haven't had a stretch like that since march. >> scott, bank of america merrill lynch is out with a report today. they look at fund flows. what they've seen is something remarkable. individuals have been selling. but institutions and he think funds have been net buyers for the last four week institutions have bought an average of $300 million in net worth of stock. what that's telling you is that they're way more concerned with getting in position for next year and whatever the fed's going to do. tomorrow it's widely expected bernanke's going to announce some kind of a transaction in which he buys basically $650 b
boehner was really only talking about the cost cuts that he's looking for from obama. obama's just trying to negotiate. so i don't even know why he spoke today. maybe to throw some cold water on the notion or maybe throw hope. we don't know. the point is ignore the headlines. let's just -- just invest for longer term. >> josh, what do you make of the 100-point move we're seeing in the dow today? it is the fifth straight session that the dow has been higher. we haven't had a stretch like...
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picks for the new year. plus, pinching pennies. why the friends and family sales are more bad news. and spin cycle. o your old washing machine. president obama and speaker john boehner met at the white house on sunday to discuss the impending fiscal cliff. neither offered details about the discussion, but both said the lines of communication remain open. is the fiscal cliff end game finally approaching? joining us now is ben white, politico's chief economic correspondent. ben, maybe it's good news they didn't come out and say, we're so far apart. >> it's a good sign. any time that boehner doesn't come out and say, we're nowhere, that's good. these things are going to get done in private. both sides need to leap off a bridge here. the republicans need to some how figure out how they're going to let the top rates go up. democrats need to swallow some changes to entitlement programs, raising the retirement age or changes. the less we hear, the better, in the next few days on the negotiations. as soon as you hear leaks saying these guys are too far apart, that's the problem. if we hear
picks for the new year. plus, pinching pennies. why the friends and family sales are more bad news. and spin cycle. o your old washing machine. president obama and speaker john boehner met at the white house on sunday to discuss the impending fiscal cliff. neither offered details about the discussion, but both said the lines of communication remain open. is the fiscal cliff end game finally approaching? joining us now is ben white, politico's chief economic correspondent. ben, maybe it's good...
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what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why president obama wants to raise the tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting enough revenue for all the spending we want. >> i would gut the tax
what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why...
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>>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be serious consequences, but that's where somewhat of the problem lies. >> listen, i wa
>>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have...
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>> i think it is great news. look, any kind of attempt to increase manufacturing is fine here but don't get too excited. remember when president obama met with steve jobs a couple years ago and said to him, what's it going to take to have the iphone made in the u.s.? he said those jobs are not coming back in that may and little more realistic. >> even if it is a pr stunt, it is great that apple feels the need to try to improve its image and thinks it can do it by having more jobs in america. if more companies follow this we may be able to restore some of our manufacturing base in the u.s. i hope so. >> let's talk about apple's real rifle and some would say enemy, samsung. is it the one to watch? droids gaining a lot of popularity. rumor circulating is that samsung's next generation galaxy smartphone, the one that's been at the heart of apple's patent suit with samsung, may have an unbreakable screen. what about samsung, john? >> look, i think that this product is very popular among people who i know. an unbreakab
>> i think it is great news. look, any kind of attempt to increase manufacturing is fine here but don't get too excited. remember when president obama met with steve jobs a couple years ago and said to him, what's it going to take to have the iphone made in the u.s.? he said those jobs are not coming back in that may and little more realistic. >> even if it is a pr stunt, it is great that apple feels the need to try to improve its image and thinks it can do it by having more jobs in...
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i think the rally is about done heading in to the new year. >> we stay bullish. >> president obama and house speaker john boehner spoke by phone wednesday, but there's been no announcement by either side of any upcoming face to face budget talks. earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop is making a little bit of progress, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> i want to understand the administration's position when it comes to raising taxes on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. >> with both sides in washington publicly digging in their heels, how much will the fiscal
i think the rally is about done heading in to the new year. >> we stay bullish. >> president obama and house speaker john boehner spoke by phone wednesday, but there's been no announcement by either side of any upcoming face to face budget talks. earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop...
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the "wall street journal" says this breaks a new week long silence as that deadline looms. president obama and boehner spoke by phone on wednesday. they promised to renew the negotiations. several top executives have also weighed in on thursday. >> there's been some movement. everybody realizes there has to be a revenue component, spend component, entitlement reform component. >> patrick, where does it hang on now for you? clearly the president last decided there has to be tax rises for the wealthy. if the democratic side can come up with entitlement cuts, maybe we get a deal. >> i think this is pure political theater. this is a situation that was created 18 months ago in order for the politicians to get by the election. now they've done so. we still confront the same fiscal unsustainability here in the united states that's been evident to everybody for the the past five, six years. what we all recognize is we need more revenue, we needless spending, it's really a matter of a couple of adults getting in a room and figuring out how to resolve this temporary problem that they
the "wall street journal" says this breaks a new week long silence as that deadline looms. president obama and boehner spoke by phone on wednesday. they promised to renew the negotiations. several top executives have also weighed in on thursday. >> there's been some movement. everybody realizes there has to be a revenue component, spend component, entitlement reform component. >> patrick, where does it hang on now for you? clearly the president last decided there has to be...
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president obama and john boehner meet face-to-face on sunday. does it mean we're any closer to the solution to the fiscal cliff? >>> a news conference by chairman ben bernanke, set for wednesday.
president obama and john boehner meet face-to-face on sunday. does it mean we're any closer to the solution to the fiscal cliff? >>> a news conference by chairman ben bernanke, set for wednesday.
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president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been featuring these investment -- look, the etf. i've been feeling they know america. i have to know how bad america is. they do the southeast. great company. >> we've not talked a lot ab
president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either...
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choice is breaking ground on three new hotels. they're also the originator of the obama special dividend. >> let's get six at 60, six stocks in 60 seconds. let's start with lions gate in gold man. >> i'm going for hunger games. gold man doesn't seem to care. >> this is a very hot stock. >>> it's a limb late. >> oppenheimer, buying a hold on auto zone. >> i thought it was a really good buy back. one of the hottest stocks for a long time. the big data, i would be careful. >> u.s. wine guard to sell. >> good yield, bricks and mortar, fine. here's a company that's going to be on tonight. i thought this call was really bad to say sell, i liked the quarter. but everybody's worried about retail and fiscal cliff, carl and fiscal cliff was mentioned in the release. it's become something carl that we are expecting in every release that we see. >> we do have a couple of seconds to point out that last night in cable fax awards, two nights ago, you were named to the hall of fame. >> yes, thank you very much. kind of proud, i dedicated by admis
choice is breaking ground on three new hotels. they're also the originator of the obama special dividend. >> let's get six at 60, six stocks in 60 seconds. let's start with lions gate in gold man. >> i'm going for hunger games. gold man doesn't seem to care. >> this is a very hot stock. >>> it's a limb late. >> oppenheimer, buying a hold on auto zone. >> i thought it was a really good buy back. one of the hottest stocks for a long time. the big data, i...
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so if i'm trying to calculate the aftertax return on a new hire or a new investment in equipment, you know, what tax rates am i going to use, what's -- >> they're going to be higher. >> yeah, there's no chance, of course, that obama care will be undone now. for that you do have some certainty on that. but you still don't know exactly what the rates are going to look like. so i think the concern is that nothing will get done, and we'll go into a recession, so if you look at the reason the -- i mean this is the tenth worst reading on the index we've had in 37 years. i think the reason it went down is because people look out into the next six months and go, you know, we're in trouble here. >> are any of the small businesses that you're talking about saying what republicans say they're saying, and that is they're in the 2%? they pay those taxes like that? pore what the democrats say, that none of the real small businesses, it's only 2%. are any of them worried about the higher taxes that are going to happen on the top end? >> well, i'm sure they are. we did a special study with offering 7
so if i'm trying to calculate the aftertax return on a new hire or a new investment in equipment, you know, what tax rates am i going to use, what's -- >> they're going to be higher. >> yeah, there's no chance, of course, that obama care will be undone now. for that you do have some certainty on that. but you still don't know exactly what the rates are going to look like. so i think the concern is that nothing will get done, and we'll go into a recession, so if you look at the...
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new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from the fed also shows americans cut debt by 2% last quarter. space exploration technologies, better known as space x, has landed a big - and much desired - new customer this week: the u.s. air force. the privately- held space exploration company already has a $1.6 billion contract with nasa. this new venture allows it to demonstrate the dependability of its falcon rockets. the deal is part of a special set-aside program that will help companies such as space-x compete ag
new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion,...
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you're watching r t live from moscow with me to obama saying thousands are gathering for new protests in the gyptian capital with president morsi as much anticipated state address to quote public anger now the opposition is disappointed with morsi is refusal to rescind the disputed draft constitution and is calling on why the israelis by no ultimatum to the country's leader carol baines reporter belled true and our chief tom barton are following developments was. president mohamed morsi basically stuck by his decisions he said in his speech he said this constitution that duration which is very contentious very people described it as a power grab was essential basically in the transition period to democracy and very important protecting the constituent assembly which drafted the constitution to be get to this point where. going to have a referendum on the constitution next week he also blamed third parties for the violence that we saw on the streets in cairo on wednesday between anti and pro brotherhood supporters he said that third parties backed by foreign funding had infiltrated the
you're watching r t live from moscow with me to obama saying thousands are gathering for new protests in the gyptian capital with president morsi as much anticipated state address to quote public anger now the opposition is disappointed with morsi is refusal to rescind the disputed draft constitution and is calling on why the israelis by no ultimatum to the country's leader carol baines reporter belled true and our chief tom barton are following developments was. president mohamed morsi...
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and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political sphere and therefore i believe for a long time coming there's not going to be a chinese century while alexander what about the middle class what it will be said about the middle class because that's the power of the west traditionally. yes i mean the middle class. very strong in the west pretty is the right there are problems we have a declining middle class that is something we have to fight but for the time being we are both the most competitive societies and the most equitable societies if you look at the distribution of income in china in russia in brazil you will see that the first the people at the very top they will get so much more of their share of national wealth than
and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political sphere and therefore i believe for a long time coming there's not going to be a...
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president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will it take to get the house in order? ask alex, research fellow at the american enterprise institute and former chief economist for the house ways and means committee. alex, here's the thing, it's tax on both plans. >> well, to do go to your opening remark, you're definitely right. the's a short term crisis where taxes are set to skyrocket on january 1st and long term challenges that can want be met with tax increases alone. mathematically impossible. we have health care spending growing faster than the overall economy. there's no tax policy that can rectify that situation. tracy: why spendi
president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will...
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president obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. tracy: the future of our country hinging on our gridlocked congress. does that make you feel better? so far the fiscal plans p
president obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and...
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Dec 12, 2012
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lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next >> british banking giant, hsbc agreed to pay a record dollars 1.9 billion to settle allegations it landerred money from mexican drug lords, and sanctions transactions from iran illegally. lenny brewer said that the scale of hsbc's operation was stunning. >> at least one occasion, hsbc instructed a bank in iran on how to format payment messages so that transactions would not be blocked or rejected by the united states. lou: brewer however also defended the decision to not prosecute the bank, he said. if authorities pressed charges hsbc would almost ce
lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is...
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Dec 12, 2012
12/12
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lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which inclus investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car i
lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is...
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Dec 13, 2012
12/12
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president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two years, that is going to vote for a tax increase. how would they get through a primary? >> bob: they will vote on cutting taxes on everybody but the 2%. that is politically sellable. >> dana: no. extending the bush tax cuts for everybody. it's not obama's tax cuts. >> bob: you extend it for everybody except for that group of people. >> eric: if they are not -- let me ask you. >> dana: i see. >> eric: will
president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through...
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Dec 13, 2012
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anyway, the new nbc poll shows democratic party approval higher than republican. approval of the democrats 44%. of republicans 30%. it shows that 59% that president obama has a mandate to eliminate tax cuts for the rich. how do you look at that, chip? that's solid that 59%. how can the republicans on the hill deny it? >> well, we lost a major -- we lost a national election, obviously. we didn't gain control of the senate. we did get control of the house. president obama is the guy that beat us. and so they're riding high right now. and they have framed this issue about tax increases on the rich. and as i jokingly say when you polled 98% of the people they always agree tax the other guys. and when we -- >> i know. don't tax me. tax the guy behind the tree. let me ask you a question. you're a great guest. would mike huckabee had won this general election if he was the nominee? >> i'm biased, but i think he would have had an opportunity to win and beat obama for one simple reason. he's a conservative but he's not angry about it. and he's able to discuss what he belie
anyway, the new nbc poll shows democratic party approval higher than republican. approval of the democrats 44%. of republicans 30%. it shows that 59% that president obama has a mandate to eliminate tax cuts for the rich. how do you look at that, chip? that's solid that 59%. how can the republicans on the hill deny it? >> well, we lost a major -- we lost a national election, obviously. we didn't gain control of the senate. we did get control of the house. president obama is the guy that...
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Dec 12, 2012
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with the new secretary of state soon to take office it's unclear that second obama term will produce any changes in the north's current trajectory of that of the rockets. chris? >> chris: james rosen reporting from the state department. thanks for that. syria's opposition forces received the biggest boost yet today. more than 100 countrys recognized the syrian national coalition hours after president obama declared it was the legitimate representative of that country. chief intelligence correspondent catherine herridge tells us this opens the door for a dramatic boost in western aid and leads to a new set of problems. >> opposition forces advance toward damascus, including this attack on the syrian government interior ministry, president obama confirmed interview with abc news that some of the rebels now have official u.s. backing. >> we have made a decision that the syrian opposition coalition is inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime
with the new secretary of state soon to take office it's unclear that second obama term will produce any changes in the north's current trajectory of that of the rockets. chris? >> chris: james rosen reporting from the state department. thanks for that. syria's opposition forces received the biggest boost yet today. more than 100 countrys recognized the syrian national coalition hours after president obama declared it was the legitimate representative of that country. chief intelligence...
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Dec 13, 2012
12/12
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that is the news. >>> welcome back to "hardball." there was a hint of movement on the fiscal cliff deal between president obama and speaker boehner yesterday. here's where things stand for now. the white house sent over a proposal that lowered the revenue target for the president obama from $1.6 trillion to $1.6 trillion. he also increased spending cuts to $600 billion. so you have three things he's moving on there. speaker boehner was not impressed sending over his original offer of $800 billion in revenue. by the way that was the number last summer, summer of '11. acknowledged there's a long way to go. let's listen to him. >> i remain the most optimistic person in this town, but we've got some serious differences. the president and i had a pretty frank conversation about just how far apart we are. >> and in an interview with barbara walters, the president held firm and said time is running out. >> taxes are going to go up one way or the other. and i think the key is to make sure that taxes go up on the high end individuals like you
that is the news. >>> welcome back to "hardball." there was a hint of movement on the fiscal cliff deal between president obama and speaker boehner yesterday. here's where things stand for now. the white house sent over a proposal that lowered the revenue target for the president obama from $1.6 trillion to $1.6 trillion. he also increased spending cuts to $600 billion. so you have three things he's moving on there. speaker boehner was not impressed sending over his original...
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Dec 11, 2012
12/12
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it is bad news. >> greg, you said obama was in charge of the invite list. >> i said wasn't. >> you said was. >> i said wasn't. >> am buds man said you -- >> no, no, no. >> i thought he said was. >> i said obama isn't in charge of invite list and it raises money for the medical center. >> it was a slip of the tongue, greg. you said is. >> i thought you said is. >> the viewers at home can decide by rewinding right now. >> they can. >> and why don't we wait. >> okay. >> see. >> okay. >> pab, you said you found the whole thing disgusting, but as greg points out, this time correctly, it is a charity concert for children. he shouldn't be making a political statement there, should he? >> it is a very difficult situation. you can't just veto these celebrities based on these statements. >> yes you can. >> there wouldn't be anybody left. >> it is a separate question whether you want to talk about tnt should have uninvited him. that's a pretty question. once he is there i don't think the president had any choice but to sit there and shake his hand and do whatever, right? >> maybe. he would have ha
it is bad news. >> greg, you said obama was in charge of the invite list. >> i said wasn't. >> you said was. >> i said wasn't. >> am buds man said you -- >> no, no, no. >> i thought he said was. >> i said obama isn't in charge of invite list and it raises money for the medical center. >> it was a slip of the tongue, greg. you said is. >> i thought you said is. >> the viewers at home can decide by rewinding right now. >>...
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Dec 6, 2012
12/12
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averaging two new stores every day. that's america's money, i'm paula faris. >>> well, today many have been waiting for. the state of maryland begins issuing same sex marriage licenses today. we're live with more on this historic day. >>> on a mission for survivors, a man walks cross-country for those affected by the stroke. we're going to tell you where you can meet him today. >>> and one baltimore neighborhood could be getting a major makeover. the mayor will be on hand for a big announcement today. we're going to tell you what it is and if it is where you live on this thursday, december 6th. "good morning maryland," i'm charlie crowson. >> and i'm megan pringle. thank you for joining us. before you head out the door, hang on because meteorologist lynette charles is here to let you know what you can expect. >> all right. yes. it is cold out there. we are at freezing in davidsonville this morning. make sure you do bundle up. you can have the hat, the gloves, the scarf on as you step out the door
averaging two new stores every day. that's america's money, i'm paula faris. >>> well, today many have been waiting for. the state of maryland begins issuing same sex marriage licenses today. we're live with more on this historic day. >>> on a mission for survivors, a man walks cross-country for those affected by the stroke. we're going to tell you where you can meet him today. >>> and one baltimore neighborhood could be getting a major makeover. the mayor will be on...
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killer toys for obama's wish list coming up this christmas and all the new updates on the man a man right out of you thanks for that update that's coming up all in a half hour but that is going to do it for the news but check out our you tube channel you tube dot com slash our team america our website our teeth dot com slash us a follow me on twitter at liz wall breaking the set is up in a half hour. here is mitt romney trying to figure out the main thing that the americans call adult. i'm sorry i missed the here's an awful lot of interests you sir are a fool you know what kind of mind their terrorist cells in your neighborhood all want to give us a to feature isn't the only liberal and the christian public you. can see your beliefs about it. it's clear the superheated distracts us from what you and i should care about because they're profit driven industry that sells a sensational garbage he calls it breaking news. and we're going to break that. please.
killer toys for obama's wish list coming up this christmas and all the new updates on the man a man right out of you thanks for that update that's coming up all in a half hour but that is going to do it for the news but check out our you tube channel you tube dot com slash our team america our website our teeth dot com slash us a follow me on twitter at liz wall breaking the set is up in a half hour. here is mitt romney trying to figure out the main thing that the americans call adult. i'm...
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in screwed news the city of detroit is asking president obama for some help this week detroit city councilwoman joanne watson called for a financial lifeline from the white house to assist her cash strapped city odds are good the seventy five percent of wayne county voters supported the president in his re-election bid and that in return the president should help detroit take a look. if you know what a lovely place of quality it relates to this president you have the us to be clear who you want to exercise leadership on that it was not just that but one. testament of the detroit may run out of money by the end of the year so far the white house has put forward no plans to bail it out many cities across america have been devastated by three decades of reaganomics and so-called free trade deals that have wiped out local manufacturing cities receive the final death blow in two thousand and seven when wall street crashed our economy and there's a long history of the federal government bailing out broke cities republican president gerry ford for example loaned to new york city two billion dollars on
in screwed news the city of detroit is asking president obama for some help this week detroit city councilwoman joanne watson called for a financial lifeline from the white house to assist her cash strapped city odds are good the seventy five percent of wayne county voters supported the president in his re-election bid and that in return the president should help detroit take a look. if you know what a lovely place of quality it relates to this president you have the us to be clear who you want...
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Dec 8, 2012
12/12
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CSPAN
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fuel efficiency standards that were enacted by the bush administration and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the pivot point of this entire problem. 70% of our use of petroleum in this country is for transportation. transportation is fueled about 93% of the time by petroleum. if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues, particularly in an issue when rising demand is creating a potential conflict for these resources, then you have to recognize transportation has to be diversified away from petroleum or the prices are set on the world market. canada and norway have been net pet
fuel efficiency standards that were enacted by the bush administration and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the...
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Dec 8, 2012
12/12
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we look forward to working with the new chinese government, just as president obama has been re-elected. >> richard, the chinese leadership is now in place. give us a rundown on who they are and what should we expect here. >> i think the basic point of the leadership transition we've just seen has been very steady and stable. that's an achievement of itself. i mean, china still is in the early stages of institution building or finding an institutional mechanism for transference of leadership and the like. it was a conservative change in this respect. i mean, i don't want to break up individuals on the politburo standing committee into reformers and conservatives, because that's the kind of very rubbery terms. it's like putting a black hat or a white hat on somebody's head. it seemed to be very much leaning towards seniority. i think the new fourth-ranked person, party secretary yu from shanghai, 67 years old, which is really the age when you should retiring rather than being elevated. two people have been most active and outspoken, i guess, in promoting, broadly speaking, you know, a li
we look forward to working with the new chinese government, just as president obama has been re-elected. >> richard, the chinese leadership is now in place. give us a rundown on who they are and what should we expect here. >> i think the basic point of the leadership transition we've just seen has been very steady and stable. that's an achievement of itself. i mean, china still is in the early stages of institution building or finding an institutional mechanism for transference of...
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Dec 11, 2012
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still, president obama who was making a preplanned stop at a uaw representative factory in the detroit suburbs couldn't escape commenting on the fight so he weighed in yesterday denouncing the proposed new law. >> what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. so-called right to work laws, they don't have to do with economics, they have everything to do with politics. what they're really talking about is giving you the right to work for less money. >> schneider made this counterargument. >> michigan workers are hard-working people. and shouldn't they be able to make the choice they see value in the union and, again, hopefully make the unions more accountable and work harder to make sure they're showing workers the value proposition is why they should pay. >> and now you just heard the message as to why labor usually uses these battles over so-called right to work legislation. it is that word choice. republicans always argue, we're just giving the workier to be i a choice and pay those dues, not pay those dues. the presi
still, president obama who was making a preplanned stop at a uaw representative factory in the detroit suburbs couldn't escape commenting on the fight so he weighed in yesterday denouncing the proposed new law. >> what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. so-called right to work laws, they don't have to do with economics, they have everything to do with politics. what they're really talking about is giving you the...
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Dec 10, 2012
12/12
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in his first post election news conference, president obama stated that he was, quote, a believer. if you have got a ph.d. in physics or computer science who wants to stay here and start a business here, we shouldn't make it harder for you to stay here. we should try to encourage you to contribute to this society, end of quote. it is our hope that with the endorsement of both parties, policymakers in the united states will take steps to enact substantive reforms to help make this possible in the years ahead. for our part, at the millicenter in the coming weeks we will work with leading academic journals in the field to publish the papers from today's conference sessions. please be on the lookout for more information about this publication on our website, millercenter.org. where you will also find audio and video of this conference. and on that website, i might add as a mat are of personal privilege, you will find out just how focused and wide ranging our nonpartisan work is on the subjects of the presidency, political history and policy issues of importance to the governance of thi
in his first post election news conference, president obama stated that he was, quote, a believer. if you have got a ph.d. in physics or computer science who wants to stay here and start a business here, we shouldn't make it harder for you to stay here. we should try to encourage you to contribute to this society, end of quote. it is our hope that with the endorsement of both parties, policymakers in the united states will take steps to enact substantive reforms to help make this possible in...
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Dec 5, 2012
12/12
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it's all thanks to obama care. diane macedo explains. >>> it's not your imagination who you food you denied yoursel really tastes better. we will tell you why. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >> 43 minutes after the top of the hour. headlines overseas. first to egypt. president morsi return to go his palace after fleeing yesterday. police and more than 1,000 protestors clashing outside. they are outraged over the ower grab. more than 200 are dead and hundreds are missing after a powerful typhoon hit the country. the storm caused flash flooding and triggered land slides destroying hundreds of homes. rescuers are trying to reach isolated communities to help survivors. patti ann. >> this may not be very good for your health. 159 page
it's all thanks to obama care. diane macedo explains. >>> it's not your imagination who you food you denied yoursel really tastes better. we will tell you why. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>...
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Dec 11, 2012
12/12
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FBC
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>> good news tonight. he knowledg he had to make a concession that doesn't matter in the long run. it iall about t referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e ging support do you agree things are betterhan six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day u are the political expert , to go into michigan that frustrates the president ey just soldd a123 1/4 million taxpayer money and 13 union workers going ba to chrysler. it is the glory day. >> the campaign has never ended. the president said if i find any excuse to get outside of washington. >> it is one powerful exit. he wanted to stay there. >> if he was serious he would spend time burning e midnight oil. meeting with house speaker is great. but meat with the senate and there is no negotiation there. lou: i would give you a hint to the next question. why should we take either seri
>> good news tonight. he knowledg he had to make a concession that doesn't matter in the long run. it iall about t referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e ging support do you agree things are betterhan six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is...
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Dec 6, 2012
12/12
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WJLA
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david wright, a b kr nbc news, angeles. >>> and coming up next, a rematch between clinton and obama. but not what you think. coming up next. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advis
david wright, a b kr nbc news, angeles. >>> and coming up next, a rematch between clinton and obama. but not what you think. coming up next. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy....
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Dec 7, 2012
12/12
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MSNBC
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obama care. >> if we're able to stop obama on this, it will be his waterloo. it will break him and we will show that we can, along with the american people, begin to push those freedom solutions that work in every area of our society. >> and demint is an outspoken opponent of labor unions and workers rights. >> i don't believe collective bargaining has any place in government. >> including at a federal level? >> including at the federal level. that's what elections are. collective bargaining. >> house democratic leader nancy pelosi pointed out jim demint was one of the ringleaders in voting down the u.n. treaty for people with disabilities this week. >> that was one of the saddest days, so anyone who was a party to that, well, i wish them well wherever they are going and hope that we can have more of our values represented there. >> it was demint and his tea party allies who pushed the country to the brink of default back in 2011. this is what demint told abc news about republicans who tried to s
obama care. >> if we're able to stop obama on this, it will be his waterloo. it will break him and we will show that we can, along with the american people, begin to push those freedom solutions that work in every area of our society. >> and demint is an outspoken opponent of labor unions and workers rights. >> i don't believe collective bargaining has any place in government. >> including at a federal level? >> including at the federal level. that's what elections...
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Dec 12, 2012
12/12
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KRCB
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republicans have sent the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >>here are the psint's spenng cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a sin
republicans have sent the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >>here are the psint's spenng cuts? the longer the white house slow-walks this process, the closer our economy gets to...
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Dec 7, 2012
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. >> president obama is expected to ask congress for ten's of billions of dollars in supplemental aid for the region before the end of the year. on capitol hill, mike emmanuel, fox news. >>> it's time now for your health news. >> anna kooiman has the week's top medical stories. >> when it comes to nutrition americans are falling short. a usda study scored the daily diet compared to national food recommendations. each group tested was scoring between 0 and 100 based on the amount of fruit, vegetables grains milk and meat each day. children scored 56 out of possible 100. seniors slightly healthier diets with a stocore of 65. doctors in two states now say the deadly meningitis outbreak from earlier this year may be back. months after the story faded away there are 23 reports of infections in the state of tennessee alone. the cause of the finkses not confi -- infections not confirmed yet. the outbreak killed 36 people and sickened hundreds more. it was thought to have been spread in syringes of bad back medication. it has since been recalled. how about a cold roller you can get them for 3
. >> president obama is expected to ask congress for ten's of billions of dollars in supplemental aid for the region before the end of the year. on capitol hill, mike emmanuel, fox news. >>> it's time now for your health news. >> anna kooiman has the week's top medical stories. >> when it comes to nutrition americans are falling short. a usda study scored the daily diet compared to national food recommendations. each group tested was scoring between 0 and 100 based on...